South Africa - Protein Concentrates and Flavoured or Coloured Sugar Syrups - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Protein Concentrate and Flavoured or Coloured Sugar Syrup in South Africa - 2023
Contents:
- Price for Protein Concentrate and Flavoured or Coloured Sugar Syrup in South Africa (FOB) - 2023
- Price for Protein Concentrate and Flavoured or Coloured Sugar Syrup in South Africa (CIF) - 2022
- Exports of Protein Concentrate and Flavoured or Coloured Sugar Syrup in South Africa
- Imports of Protein Concentrate and Flavoured or Coloured Sugar Syrup in South Africa
Price for Protein Concentrate and Flavoured or Coloured Sugar Syrup in South Africa (FOB) - 2023
In November 2023, the average export price for protein concentrates and flavoured or coloured sugar syrups amounted to $2,697 per ton, rising by 9.2% against the previous month. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 12% month-to-month. As a result, the export price reached the peak level of $2,744 per ton; afterwards, it flattened through to November 2023.
Prices varied noticeably by the country of destination: the country with the highest price was the United Arab Emirates ($8,480 per ton), while the average price for exports to Namibia ($2,167 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lesotho (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Protein Concentrate and Flavoured or Coloured Sugar Syrup in South Africa (CIF) - 2022
In 2022, the average import price for protein concentrates and flavoured or coloured sugar syrups amounted to $1,900 per ton, picking up by 21% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. The most prominent rate of growth was recorded in 2013 an increase of 35%. The import price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($3,480 per ton), while the price for Argentina ($550 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Protein Concentrate and Flavoured or Coloured Sugar Syrup in South Africa
In 2022, approx. 17K tons of protein concentrates and flavoured or coloured sugar syrups were exported from South Africa; increasing by 14% compared with 2021 figures. In general, exports saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 56%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of protein concentrates and flavoured or coloured sugar syrups skyrocketed to $41M in 2022. Over the period under review, exports posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 48%. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Protein Concentrate and Flavoured or Coloured Sugar Syrup in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zimbabwe | 4.5 | 8.4 | 10.4 | 10.5 | 32.6% |
| Malawi | 0.6 | 1.5 | 4.6 | 7.3 | 130.0% |
| Zambia | 1.4 | 2.6 | 4.7 | 4.1 | 43.1% |
| Namibia | 1.3 | 1.7 | 3.1 | 3.9 | 44.2% |
| United Arab Emirates | 0.1 | 0.1 | 0.4 | 2.9 | 207.2% |
| Sweden | 0.1 | N/A | N/A | 2.9 | 207.2% |
| Botswana | 2.8 | 1.8 | 2.4 | 2.4 | -5.0% |
| Mozambique | 0.5 | 1.0 | 1.2 | 1.9 | 56.0% |
| Lesotho | 2.4 | 1.1 | 1.4 | 1.1 | -22.9% |
| Malaysia | N/A | N/A | 0.2 | 0.5 | 150.0% |
| Others | 2.8 | 3.2 | 3.2 | 3.6 | 8.7% |
| Total | 16.5 | 21.3 | 31.5 | 41.1 | 35.6% |
Top Export Markets for Protein Concentrate and Flavoured or Coloured Sugar Syrup from South Africa in 2022:
- Zimbabwe (4.9K tons)
- Malawi (3.6K tons)
- Namibia (2.0K tons)
- Zambia (1.8K tons)
- Botswana (0.8K tons)
- Mozambique (0.7K tons)
- United Arab Emirates (0.6K tons)
- Sweden (0.6K tons)
- Lesotho (0.5K tons)
- Malaysia (0.3K tons)
Imports of Protein Concentrate and Flavoured or Coloured Sugar Syrup in South Africa
After three years of growth, supplies from abroad of protein concentrates and flavoured or coloured sugar syrups decreased by -8.7% to 11K tons in 2022. The total import volume increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 8.5% against the previous year.
In value terms, imports of protein concentrates and flavoured or coloured sugar syrups rose markedly to $20M in 2022. The total import value increased at an average annual rate of +8.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Protein Concentrate and Flavoured or Coloured Sugar Syrup in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 2.6 | 4.8 | 1.0 | 7.7 | 43.6% |
| United States | 3.4 | 2.7 | 7.3 | 4.5 | 9.8% |
| China | 2.1 | 1.9 | 3.3 | 3.0 | 12.6% |
| Argentina | 1.6 | 1.6 | 2.0 | 1.3 | -6.7% |
| Netherlands | 0.8 | 1.7 | 0.7 | 1.0 | 7.7% |
| Italy | 2.0 | 2.3 | 2.0 | 0.6 | -33.1% |
| India | 0.3 | 0.3 | 0.5 | 0.3 | 0.0% |
| Others | 2.9 | 1.8 | 1.6 | 1.6 | -18.0% |
| Total | 15.6 | 17.1 | 18.2 | 20.0 | 8.6% |
Top Suppliers of Protein Concentrate and Flavoured or Coloured Sugar Syrup to South Africa in 2022:
- Brazil (3.2K tons)
- Argentina (2.4K tons)
- China (2.2K tons)
- United States (1.6K tons)
- Netherlands (0.5K tons)
- India (0.3K tons)
- Italy (0.2K tons)
This report provides an in-depth analysis of the market for protein concentrate and flavoured or coloured sugar syrup in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10891935 - Protein concentrates and flavoured or coloured sugar syrups
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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